Work Location:
Montréal, Quebec, Canada
Hours:
37.5
Line of Business:
Credit Management
Pay Details:
81 600 $/$81,600 - 115 200 $/$115,200 CAD
TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.
As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.
Job Description:
Department Overview
The Commercial National Accounts (CNA) team provides dedicated relationship coverage to large commercial clients across diversified industrials, healthcare, food & beverage, and financial sponsors. This client base is primarily designated by size of credit facilities which are typically larger than $25 million and up to several billion dollars. It also encompasses all commercial clients (public or private) with syndicated credit facilities.
The team consists of senior commercial banking professionals who combine specific industry knowledge and extensive deal structuring experience to offer a full suite of customized credit and cash management solutions to meet the complex needs of our clients.
Job Description
The Associate role is the natural entry point into CNA for individuals with previous commercial banking, accounting, advisory, or corporate treasury experience. The Associate can be assigned to a specific portfolio but can also provide support to other portfolios within the unit. CNA's onboarding program for new members allows the Associate to build on their existing foundation and acquire all the necessary knowledge and experience to become proficient in their role. This role is viewed as a steppingstone for promotion to an Associate Director role within CNA while also providing critical experience and skills necessary for future career progression within TD. Specific job functions include:
- Prepare thorough, concise credit submissions for amendments, annual reviews, new originations and upsizing of existing credit facilities which notably identify and elaborate on all key risk issues;
- Contribute to monitoring and control of the loan portfolio, primarily via tracking and analysis of monthly/quarterly reporting packages including validation of financial covenant calculations and preparation of internal reports, all to ensure consistent and timely compliance with TD's internal policies;
- Ensure TD systems correctly reflect key terms and conditions of credit agreements and other documentation for the assigned portfolio, with respect to data integrity;
- Assist the Director, Commercial National Accounts in the preparation of marketing materials by structuring competitive proposals while maintaining a balanced view of risk and growth;
- Collaborate with colleagues from different teams (operations, treasury management, TD Securities) to strategize and resolve client issues;
- Expand external network and market knowledge by attending networking or industry-specific events.
Job Requirements
Qualifications/Skills/Experience:
- Previous experience in commercial or corporate banking, corporate finance, accounting, or a related field;
- Strong team player with a positive attitude and an ability to work both in a team environment and independently;
- Highly motivated with the ability to work under pressure, including excellent time management while juggling multiple priorities under tight deadlines;
- Strong credit, analytical and technical skills, with the ability to critically assess financial statements and other corporate and commercial client reports and draw relevant conclusions to recommend a course of action;
- Strong attention to detail with the ability to exercise judgement to identify, diagnose and resolve problems within TD's policies and risk appetite;
- Experience handling complex financial models would be an asset;
- Experience with large accounts and/or syndicated financing would be an asset;
- Ability to communicate effectively with internal and external stakeholders (origination team, support team, clients, legal counsel, financial advisors etc.);
Specific Educational Requirements/Accreditations:
- An undergraduate or graduate degree in Business, Economics, Finance or other quantitative fields.
- CPA, CFA or MBA designations would be an asset.
Who We Are:
TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we strive to make every interaction, product, and experience remarkably human and refreshingly simple for over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to foster deeper relationships, ensure disciplined execution, and build a simpler, faster banking experience. TD is deeply committed to being a leader in client experience, that is why we believe that all colleagues, no matter where they work, are client facing. Together, we are reimagining what banking can be for our clients, colleagues and communities.
Our Total Rewards Package
Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical, and mental well-being goals. Total Rewards at TD includes a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. Learn more
Additional Information:
We’re delighted that you’re considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to providing the support our colleagues need to thrive both at work and at home.
Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.
Colleague Development
If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities.
If you’re passionate about helping clients and building deep, lasting relationships, TD offers diverse career paths where you can grow your expertise and make a meaningful impact.
We're committed to your success and foster a respectful workplace where diverse perspectives are valued, everyone has fair opportunities to grow, and you can unlock your full potential to achieve your career goals. Here at TD, we hire and develop the best.
Training & Onboarding
We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.
Interview Process
We’ll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.
Accommodation
Your accessibility is important to us. Please let us know if you’d like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.
We look forward to hearing from you!
Language Requirement (Quebec only):
Ce poste n’exige pas la maîtrise d’une langue autre que le français.